SVP, Product Mgmt Sr Lead Analyst - Model Risk Management (MRM) - C14 (Long Island, NY)

About the Role

Key Responsibilities

• Lead initiatives to redesign and reengineer the Model Risk Management System (MRMS) in alignment with Citi's Model Risk Management Policy, Procedures, and broader system strategy.
• Develop and execute a multiyear roadmap for Model Risk Management, aligning with organizational vision.
• Translate policy and procedural requirements into detailed process flows, system requirements, and actionable project plans, identifying opportunities for streamlining, automation, and enhanced controls.
• Collaborate closely with internal stakeholders across Risk, Model Development, Validation, Technology, and Business Management functions to deliver integrated, effective system solutions.
• Author comprehensive business requirements and partner with technology teams to oversee solution design, development, and implementation.
• Drive system enhancements that simplify model lifecycle management processes, integrate emerging technologies such as Gen AI, and improve risk metrics reporting and documentation digitization.
• Prioritize initiatives, provide governance over IT project delivery, ensuring initiatives are completed on time, within scope, and aligned with budgetary and strategic objectives.
• Define and oversee system quality standards, preventive control mechanisms, user acceptance testing (UAT) processes, and end-user training programs.
• Maintain strong control, governance, and documentation practices in line with Citi standards and regulatory expectations.
• Assist in development and analysis of strategic product roadmaps, product enhancement and development, product launches, and product marketing to maximize benefits and identify industry trends, threats, and opportunities.
• Participate in day-to-day product management for core products such as product delivery, client experience, and client communication strategies.
• Help the team prioritize, negotiate, and remove obstacles to achieve business results.
• Execute client value propositions, positioning, segmentation, pricing, targeting, channel strategies, and competitive differentiation.
• Provide informal guidance or on-the-job training to new team members.
• Oversee client and competitor market research, develop product innovation roadmap, and address fundamental trials of product commoditization.
• Contribute to achievement of acquisition targets, product financial performance, revenue, and expense management goals.
• Oversee identification and execution of opportunities and gaps in business plans.
• Implement team procedures, client problem resolution, and client management.
• Assess risk when making business decisions, ensuring compliance with laws, regulations, and Citi policies, and escalating control issues as needed.

Requirements

• Minimum 10 years of professional experience, including 5+ years in product development, technology-driven system enhancement, or governance roles.
• Prior experience in model risk management, model development, model validation, or similar risk/control functions within financial institutions is strongly preferred.
• Familiarity with regulatory guidance on model risk management, including SR 11-7 and SR 15-18, is highly desirable.
• Demonstrated success leading cross-functional initiatives involving risk management, technology, and process reengineering.
• Experience implementing document digitization and metrics, with a focus on driving integration with Generative AI models (preferred).
• Hands-on experience with database design, SQL for analysis, and reporting frameworks.
• Working knowledge of emerging technologies, including building Proofs-of-Concept (POCs) in Python, R, or similar programming languages (advantageous).
• Strong project management discipline, with proven ability to manage initiatives through full lifecycle execution.
• Proficiency in Jira, Confluence, and Microsoft Office tools (Excel, Word, PowerPoint, Visio).
• Ability to work independently, adjust priorities quickly, and manage deadlines under pressure.
• Excellent written and verbal communication skills.
• Demonstrated analytical, problem-solving, and decision-making skills.

Nice to Have

• Experience building Proofs-of-Concept (POCs) in Python, R, or similar languages.
• Experience with emerging technologies and automation in risk management systems.

Qualifications

• Bachelor's degree or University degree.
• Master's degree in Finance, Mathematics, Computer Science, Engineering, or a related discipline with 10+ years of experience.

Benefits & Perks

• Competitive salary range of $163,600.00 - $245,400.00.
• Discretionary and formulaic incentive and retention awards.
• Medical, dental & vision coverage.
• 401(k) retirement plan.
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off including vacation, sick leave, and holidays.